Friday, October 7, 2016

5 Ways a Cash in 1 Hour Loan Beats Traditional Personal Loans:

5 Ways a Cash in 1 Hour Loan Beats Traditional Personal Loans:

1. Fast approval!

One thing traditional personal loans do not do well is get you cash fast. First you need to fill out a lengthy application form, then deliver it to the bank or finance office and wait for one of their loan expert to process it. This process can take days or even longer, as they need to check each of the items on the application, verify certain information, run a credit check and evaluate that… you might be called in for an interview or asked to provide written statements explaining any late or missing payments from any part of your credit history. This all takes time, which is often the opposite of what you want when the time comes to borrow cash.

2. Simple, straightforward application process

Often traditional personal loan applications request a lot of information that our lenders find unnecessary for short-term loans. They might ask for many years of credit history, monthly expenses, credit totals and references, and various other items. Cash in 1 hour loans request a minimum of information – your personal IDs, employment information, bank account, and questions to verify that you meet the basic requirements for the loan program such as age and income. The form is so simple that you can complete it in less time than it takes to watch a sitcom or make dinner.

3. Bad credit is no problem

Unlike traditional loans, which check your credit first and consider other qualifications only if you meet their requirements regarding credit score and absence of negative marks or accounts in collections. Cash in 1 hour lenders generally don’t even run a traditional credit check – they understand that it’s common for many of us to have financial difficulties or problems at some point in our lives, and agree that such an experience should not hang a sword over your head for endless years afterward while you work to rebuild your financial reputation.

4. Incredible convenience!

Not only can you apply from home, at any time of the day or night, but all you need is your smartphone or tablet! Gone are the days when you had to mail a paper application with copies of various financial statements and prior year tax returns, just to be considered for loan approval. The developers behind the loan website realize that more and more of us are relying on our phones as a primary computing device, and they’ve optimized the application design for mobile usage. It’s just as clear and easy to read and navigate on your phone as on a full sized monitor, and that makes a cash in 1 hour loan more convenient than any that requires a paper application or one that requires a laptop or desktop to apply.

5. No collateral, no paperwork

When you hit “submit” on your application, you’ve done all that you’re required to do. There’s no need to provide financial statements or the deed to your house or car. No faxing, printing, mailing, scanning – just one simple online form and you’re done. What are you waiting for? Apply right now!